police

High-risk project alert: @farlegacy just launched a token $SHARD , and the dev quickly sold after launch, cashing out over $30K.

They seem like a very experienced team, building a card miniapp around Base memecoins, driving viral growth through referral link sharing, and previously attempting to sell NFTs. Now they’ve issued a token to pull people in and then quickly rug. 

Looking closely, the scam was obvious from the start. Always stay alert in crypto!

brypto

average crypto mf: "I can't believe they just invented free lunches and they're gonna give one to ME!!"

surest sign of a scam lately is a slick app that appears fully formed out of nowhere promising you free money. don't let them run this rug playbook.

surest sign of a scam lately is a slick app that appears fully formed out of nowhere promising you free money. don't let them run this rug playbook.

https://farcaster.xyz/horsefacts.eth/0xf9c1f65c

Whatever your decentralized, borderless, neutral, censorship-resistant open blockchain question is, the answer is YES… to Crypto!

Yes2

Wrapped liquid staked Ether 2.0

🚩 created by a brand account with zero history 
🚩 slick but shallow website
🚩🚩 "mining" for anything
🚩🚩 appropriating fc native brands
🚩🚩 "we built a cool game but you can't see it"
🚩🚩🚩  nobody's ever met the team 
🚩🚩🚩 pay us now and you might get something later

Just had a great conversation earlier with Farcaster’s IRL this morning on this very topic! Will share some thoughts later and recast in the meantime.

100% agree with this but i truly have no idea how we can do it without bullying new users who don’t know it’s a scam, @patriciaxlee.eth would love your thoughts here re education

have said it before but the social layer needs to police this and build immunity against this behavior. Farcaster cannot simply "ban scammers"

Building productclank.com | @covariance | Growth for the next generation of builders ||
| web3 social nerd | Future of /work is here & it's tokenized |

I think most Farcaster builders would be really unhappy with a more permissioned process. Maybe some kind of opt in verification, I'm not sure.

Can we just move to doxxed founding teams as a base requirrment?

there will be signs 

(and there’s are them)

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@horsefacts.eth you have been issued UNION shares

Feed Market Cap: $482.13

Pi-chi.eth artist of /animeoutcasts
Hosting: /kyoto /anime-manga /farcasterunion

https://portrait.so/pichi

Lol from popfi to this how tf are they only rugging for roughly 30k lmao

@farcaster. self-notes /tanishq. art /neo-revival.

exploring new frontiers enabled by the internet: social, crypto, ai, mindset, states and more

can look differently, like show details of the builder when tapping on the profile from the mini app - how long ago signed up, when was first onchain activity etc

they look good when they work but are highly subjective and are prone to false negatives

maybe show these flags near the mini app creator? wdyt @tanishq

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On a web3 journey. Guiding friends & allies on adventures in the new world |

Nouncil | web3 storytelling | iambradq on Twitter | FC OG

yoink, these are a ton of red flags 

easy to say now.. tho

there are some "legit" apps with similar behaviours

the top flags wete asking for money to receive airdrop, coming from nowhere with a cool app and promising a game (this does not fail)